🏡 Don't ever buy a long term property with cash #shorts

Sean PanDec 30, 20220m 44s174.3K viewsScore 75
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Summary

AI-generated

This video argues against buying long-term rental properties with cash, suggesting it's better to use a loan for leverage. With a loan, you can buy more properties with the same amount of cash, increasing potential appreciation and returns.

Key insights

  • Property appreciation at 3% per year can lead to significant gains when owning multiple properties due to leverage.

Mistakes to avoid

  • Don't buy long term rental properties with all cash, because you'll miss out on the power of leverage, potentially limiting the number of properties you can acquire and overall returns.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial